May 20, 2021 | 2 minutes read | Tags: Capitalism 101

Capitalism 101 - Introduction

This is the introductory article in our Capitalism 101 series which will cover The Commodity, Class, Private Property and Wage Labour, Race, Gender, Disability, The State, Crisis and Imperialism, and Socialism.

Capitalism 101 - Introduction

In this series of articles, we will explain capitalism in Marxist-Leninist terms. These articles will explore the fundamentals of capitalism, from buying and selling things, to world wars and global crises.

These articles are for anyone who wants to understand more about how capitalism works and the society we live in. They are not intended to be comprehensive, but instead serve as introductory tools for readers interested in learning more about Marxism.

You don’t have to have read anything about Marxism, communism or socialism before to read these articles. We hope they will serve as a starting point for those interested in learning more, and have provided some suggested further reading at the end of each one.

Red Fightback is a revolutionary Marxist-Leninist party dedicated to the advancement of class struggle in Britain and the achievement of socialist revolution. We welcome feedback on the ‘Capitalism 101’ series, and if anything is unclear, please feel free to ask us a question on our social media or via our contact form.

The Series

  1. The Commodity
  2. Class, Private Property and Wage Labour
  3. Race
  4. Gender
  5. Disability
  6. The State
  7. Crisis and Imperialism
  8. Socialism

We start by exploring economics because politics is an expression of economics. In order to understand our political system, we must first understand our economic system. Marx started his great work, Capital, with the commodity — and that’s where we start too. We ask, what are commodities, and why are they so fundamental to the economic system we live in?

Next we will look at class, private property and wage labour and how those relations shape our lives. We spend most of our lives working — but who is it that profits from our labour, and what does it really mean to be ‘working class’?

We will then explore race, gender and disability — focusing on the ways in which different forms of oppression intersect in capitalist society.

We cannot understand how capitalism works without understanding what ‘the state’ is. We ask, whose interests does it serve under capitalism, and what do we want to do with it as communists?

After that we will explore imperialism, what it means, and why crisis is an inherent feature of capitalism.

Finally, we think about what socialism could look like, and what sort of things we should keep in mind as we build a new society.